742 Academy Ave - Freestanding FOR SALE


Sanger, CA 93657
$2,380,000 USD
844-585-7682
742 Academy Ave, Sanger, CA for Sale
$2,380,000 USD
Freestanding - FOR SALE
1/5
null | 8% Cap Rate

742 Academy Ave
Sanger, CA 93657


HIGHLIGHTS

  • Single-Tenant Corporate Family Dollar: Family Dollar recently exercised its first option to extend for 5 years showing commitment to the location
  • Ranked Top 4% of Family Dollar Locations Nationwide According to Placer.ai
  • Corporate Lease (NASDAQ: DTLR) Investment Grade (S&P: BBB): Largest dollar store chain in the U.S. with 16,622 locations
  • Prominent Building with Great Access: The property benefits from frontage along Academy Avenue, the main North / South thoroughfare in the trade area
  • Target Household Income: Ideal household income of $68,570 within 3 miles perfectly positions the long-term success of Family Dollar
  • High-Growth Fresno MSA Trade Area; The Number of Households Have Increased Over 12.5% Within a 3-Mile Radius Over the Past 10 Years

OVERVIEW

Recent Lease Extension | Corporate Lease | Investment Grade (S&P: BBB)

FOR SALE DETAILS

PRICE

$2,380,000 USD

PRICE/SF

$257 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar | Sanger, CA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

-

APN/PARCEL ID

320-011-54S

ASK ABOUT THIS PROPERTY

Jeff LefkoHanley Investment GroupMore Info
844-585-7682

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Jeff LefkoHanley Investment GroupMore Info
844-585-7682

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.